Transfers and Separation

TRANSFER A transfer refers to lateral movement of employees within the same grade, from one job to another. According to Flippo “a transfer is a …

Importance of HRM

Importance of Human Resource Management Human resources are the valuable assets of the corporate bodies. They are their strength. To face the new challenges on …

Job and Batch Costing

Job Costing Job costing is accounting which tracks the costs and revenues by “job” and enables standardized reporting of profitability by job. For an accounting …

JIT,VED

`Just-in-time’ is a management philosophy and not a technique. It originally referred to the production of goods to meet customer demand exactly, in time, quality …

Difference between Financial, Cost and Management accounting

  FINANCIAL ACCOUNTING MANAGEMENT ACCOUNTING PRIMARY USERS External( Investors, government authorities, creditors) Internal(Managers of business, employees) PURPOSE OF INFORMATION Help investors, creditors, and others make investment, credit, …

Relationship between Saving and Consumption Investment Function

An important controversy in macroeconomics relates to the relationship between saving and investment. Many economists before J.M. Keynes were generally of the view that saving …

Consumption Function

The consumption function, or Keynesian consumption function, is an economic formula that represents the functional relationship between total consumption and gross national income. It was …

Methods of Measurement National Income

There are four methods of measuring national income. Which method is to be used depends on the availability of data in a country and the …

Disinvestment of Public Enterprises

An important aspect of present industrial policy of the Government is that it should not operate commercial enterprises. With that end in view the Government …

Industrial Policy 1991

The New Industrial Policy of 1991 comes at the center of economic reforms that launched during the early 1990s. All the later reform measures were …

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